Shareate Tools Ltd(688257) (SH Shareate Tools Ltd(688257) , closing price: 35.64 yuan) announced on April 19 that as of the disclosure date of this announcement, the total amount of the company’s accumulated external guarantee was 143 million yuan, and the guarantee balance was 530418 million yuan, all of which were the company’s guarantees to wholly-owned subsidiaries, accounting for 2.61% and 2.01% of the company’s latest audited net assets and total assets respectively.
From January to December 2020, Shareate Tools Ltd(688257) ‘s operating revenue was composed of: cemented carbide tools accounted for 41.68%, rock drilling tool alloy accounted for 14.44%, cutting tool alloy accounted for 11.18%, diamond coring bits accounted for 8.39%, and wear-resistant parts alloy accounted for 6.69%.
Shareate Tools Ltd(688257) ‘s chairman and president are Wu Hehong, male, 56 years old, with a master’s degree background.
